Interim report
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Note :This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. August 4, 2026 Consolidated Financial Results for the Three Months Ended June 30, 2026 (Under Japanese GAAP) Company name: AIPHONE CO., LTD. Listing: Tokyo Stock Exchange / Nagoya Stock Exchange Securities code: 6718 URL: https://www.aiphone.co.jp/ Representative: Tomio Suzuki, President (Representative Director) Executive Officer,General Manager, Inquiries: Kazuya Ito, Deputy General Manager, Administrative Headquarters and Corporate Planning Department Telephone: +81-52-228-8181 Scheduled date to commence dividend payments: - Preparation of supplementary material on financial results: None Holding of financial results briefing: None (Yen amounts are rounded down to millions, unless otherwise noted.) 1. Consolidated financial results for the three months ended June 30, 2026 (from April 1, 2026 to June 30, 2026) (1) Consolidated operating results (cumulative) (Percentages indicate year-on-year changes.) Net sales Operating profit Ordinary profit Profit attributable to owners of parent Three months ended Millions of yen % Millions of yen % Millions of yen % Millions of yen % June 30, 2026 13,626 (4.9) 874 353.8 1,094 307.7 826 285.3 June 30, 2025 14,332 (9.8) 192 (87.9) 268 (85.4) 214 (83.7) Note: Comprehensive income For the three months ended June 30, 2026: ¥1,135 million [348.2%] For the three months ended June 30, 2025: ¥253 million [(90.1)%] Basic earnings per share Diluted earnings per share Three months ended Yen Yen June 30, 2026 50.48 - June 30, 2025 13.10 - (2) Consolidated financial position Total assets Net assets Equity-to-asset ratio As of Millions of yen Millions of yen % June 30, 2026 79,648 70,555 88.6 March 31, 2026 79,957 70,034 87.6 Reference: Equity As of June 30, 2026: ¥70,555 million As of March 31, 2026: ¥70,034 million 2. Cash dividends Annual dividends per share First quarter-end Second quarter-end Third quarter-end Fiscal year-end Total Yen Yen Yen Yen Yen Fiscal year ended March 31, 2026 - 50.00 - 80.00 130.00 Fiscal year ending March 31, 2027 - Fiscal year ending March 31, 2027 (Forecast) 50.00 80.00 130.00 Note: Revisions to the forecast of cash dividends most recently announced: None
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3. Forecast of consolidated financial results for the fiscal year ending March 31, 2027 (from April 1, 2026 to March 31, 2027) (Percentages indicate year-on-year changes.) Net sales Operating profit Ordinary profit Profit attributable to owners of parent Basic earnings per share Millions of yen % Millions of yen % Millions of yen % Millions of yen % Yen Six months ending September 30, 2026 30,700 1.6 1,200 34.5 1,300 35.1 900 5.2 54.99 Fiscal year ending March 31, 2027 65,800 4.5 4,000 42.7 4,500 41.9 3,200 29.8 195.52 Note: Revisions to the earnings forecasts most recently announced: None * Notes (1) Significant changes in the scope of consolidation during the period: Yes Newly included: 1 company (AIPHONE COMMUNICATIONS CO., LTD.) (2) Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements: Yes (3) Changes in accounting policies, changes in accounting estimates, and restatement (i) Changes in accounting policies due to revisions to accounting standards and other regulations: None (ii) Changes in accounting policies due to other reasons: None (iii) Changes in accounting estimates: None (iv) Restatement: None (4) Number of issued shares (common shares) (i) Total number of issued shares at the end of the period (including treasury shares) As of June 30, 2026 17,640,000 shares As of March 31, 2026 17,640,000 shares (ii) Number of treasury shares at the end of the period As of June 30, 2026 1,273,251 shares As of March 31, 2026 1,273,167 shares (iii) Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year) Three months ended June 30, 2026 16,366,749 shares Three months ended June 30, 2025 16,366,109 shares * Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm:None * Proper use of earnings forecasts, and other special matters The forward-looking statements, including forecasts of financial results, contained in these materials are based on information currently available to the Company and on certain assumptions deemed to be reasonable. However, the Company makes no guarantee that these forecasts will be achieved. Actual financial results, etc. may differ substantially due to various factors.
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Quarterly consolidated balance sheet (Millions of yen) As of March 31, 2026 As of June 30, 2026 Assets Current assets Cash and deposits 23,598 25,977 Notes and accounts receivable - trade, and contract assets 11,751 8,444 Electronically recorded monetary claims - operating 3,179 3,043 Securities 298 397 Finished goods 6,069 7,190 Work in process 3,150 2,679 Raw materials 7,476 7,744 Other 835 771 Allowance for doubtful accounts (69) (72) Total current assets 56,289 56,176 Non-current assets Property, plant and equipment Buildings and structures 7,407 7,870 Accumulated depreciation (5,498) (5,821) Buildings and structures, net 1,908 2,048 Machinery, equipment and vehicles 4,229 5,364 Accumulated depreciation (3,117) (4,142) Machinery, equipment and vehicles, net 1,111 1,222 Tools, furniture and fixtures 9,152 9,279 Accumulated depreciation (8,421) (8,532) Tools, furniture and fixtures, net 731 747 Land 4,212 4,502 Leased assets 934 1,095 Accumulated depreciation (602) (627) Leased assets, net 331 468 Construction in progress 2,684 2,675 Total property, plant and equipment 10,980 11,664 Intangible assets Other 0 0 Total intangible assets 0 0 Investments and other assets Investment securities 9,725 8,930 Deferred tax assets 1,289 1,215 Retirement benefit asset 827 827 Other 845 835 Allowance for doubtful accounts (1) (1) Total investments and other assets 12,686 11,808 Total non-current assets 23,667 23,472 Total assets 79,957 79,648
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(Millions of yen) As of March 31, 2026 As of June 30, 2026 Liabilities Current liabilities Electronically recorded obligations - operating 489 525 Accounts payable - trade 1,778 1,965 Lease liabilities 164 180 Income taxes payable 221 179 Contract liabilities 318 405 Provision for product warranties 178 170 Provision for bonuses - 502 Other 5,361 3,610 Total current liabilities 8,512 7,539 Non-current liabilities Lease liabilities 159 287 Deferred tax liabilities 1 2 Deferred tax liabilities for land revaluation 121 121 Retirement benefit liability 618 636 Other 508 505 Total non-current liabilities 1,410 1,553 Total liabilities 9,923 9,093 Net assets Shareholders' equity Share capital 5,388 5,388 Capital surplus 5,407 5,407 Retained earnings 49,877 50,085 Treasury shares (2,173) (2,173) Total shareholders' equity 58,501 58,708 Accumulated other comprehensive income Valuation difference on available-for-sale securities 3,924 4,013 Revaluation reserve for land (429) (424) Foreign currency translation adjustment 7,505 7,757 Remeasurements of defined benefit plans 532 500 Total accumulated other comprehensive income 11,533 11,847 Total net assets 70,034 70,555 Total liabilities and net assets 79,957 79,648
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Quarterly consolidated statement of income (Millions of yen) Three months ended June 30, 2025 Three months ended June 30, 2026 Net sales 14,332 13,626 Cost of sales 8,197 6,664 Gross profit 6,134 6,961 Selling, general and administrative expenses 5,942 6,086 Operating profit 192 874 Non-operating income Interest income 25 47 Dividend income 128 143 Rental income from buildings 5 5 Foreign exchange gains - 23 Other 10 9 Total non-operating income 170 229 Non-operating expenses Interest expenses 2 5 Foreign exchange losses 88 - Other 3 4 Total non-operating expenses 94 9 Ordinary profit 268 1,094 Extraordinary income Gain on sale of non-current assets 6 4 Reversal of impairment loss 14 - Total extraordinary income 20 4 Extraordinary losses Loss on sale of non-current assets 12 0 Loss on retirement of non-current assets 0 0 Impairment losses 2 - Total extraordinary losses 15 0 Profit before income taxes 273 1,098 Income taxes 58 272 Profit 214 826 Profit attributable to owners of parent 214 826
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Quarterly consolidated statement of comprehensive income (Millions of yen) Three months ended June 30, 2025 Three months ended June 30, 2026 Profit 214 826 Other comprehensive income Valuation difference on available-for-sale securities 203 89 Foreign currency translation adjustment (132) 251 Remeasurements of defined benefit plans, net of tax (31) (31) Total other comprehensive income 39 309 Comprehensive income 253 1,135 Comprehensive income attributable to Comprehensive income attributable to owners of parent 253 1,135
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(Notes on segment information, etc.) Segment Information I. The three months of the previous fiscal year (April 1, 2025 to June 30, 2025) 1. Information on sales and the amount of profit or loss for each reported segment (Millions of yen) Reportable segments Other (Note) 1 Total Adjustment amount (Note) 2 Quarterly Consolidated Statements of Income (Note)3 Japan North America Europe Thailand Vietnam Total Sales Revenues from external customers 10,507 2,416 1,068 - - 13,992 339 14,332 - 14,332 Transactions with other segments 1,817 65 - 3,027 1,653 6,564 - 6,564 (6,564) - Total 12,324 2,482 1,068 3,027 1,653 20,556 339 20,896 (6,564) 14,332 Segment profit (loss) (200) 75 11 (35) 76 (72) (9) (82) 274 192 Note 1 The "Other" category is a business segment that is not included in the reporting segments and includes the business activities of local subsidiaries in Australia and Singapore. 2 Adjustments for segment profits or losses are due to the elimination of inter-segment transactions. 3 Segment profit or loss (loss) is adjusted for operating income in the quarterly consolidated statements of income. 2. Information on impairment losses or goodwill on fixed assets by reporting segment (Significant impairment loss on fixed assets) In the Europe segment, we recorded an impairment loss of 2 million yen on fixed assets related to business assets. II. The three months of the current fiscal year (April 1, 2026 to June 30, 2026) 1. Information on sales and the amount of profit or loss for each reported segment (Millions of yen) Reportable segments Other (Note) 1 Total Adjustment amount (Note) 2 Quarterly Consolidated Statements of Income (Note)3 Japan North America Europe Thailand Vietnam Total Sales Revenues from external customers 9,362 2,807 1,069 - - 13,240 385 13,626 - 13,626 Transactions with other segments 1,711 77 0 2,799 1,385 5,974 - 5,974 (5,974) - Total 11,074 2,885 1,069 2,799 1,385 19,215 385 19,600 (5,974) 13,626 Segment profit (loss) (299) 691 (15) 238 3 619 (8) 610 264 874 Note 1 The "Other" category is a business segment that is not included in the reporting segments and includes the business activities of local subsidiaries in Australia and Singapore. 2 Adjustments for segment profits or losses are due to the elimination of inter-segment transactions. 3 Segment profit or loss (loss) is adjusted for operating income in the quarterly consolidated statements of income. 2. Information on impairment losses or goodwill on fixed assets by reporting segment (Significant impairment loss on fixed assets) Not applicable.